yes,deep OTM, intiatially I want to buy very shallow OTM (just a little bit far awawy from current price, almost touchable,just rally like 10%, now it needs 50%, almost impossible), did not notice the strike price, too focus on the bid/ask and cheap quote, thought bought what I want, made huge mistake, could not sell it back even today the stock in the morning does did some rally, feel pinched.brieflf there is someone wants to buy at 0.05, other time, no bid! just when i want to hid the bid to reduce my dumbest position, it disappears into nothing!

very painful, painful!

next time, i must double check the order to make sure I did the right thing.

Quote from ForexForex:

So you thought you were buying March ATM Call options for only $0.10, but they ended being Deep OTM? $0.10 should indicate that they are Deep OTM options.

out of most EXM Mid Mrarch $3 call at 0.15 today. still kept 30lots.
sold 450lot DRYS $3. call FEb 17 at 0.8. still keep 50lot DRYS, hope it hit 4+ this week. may end it if things are not crazy as I imagine.

whatever, money is made. so even it goes sour, I do not care any more.

cheer

hang on no mattter what happens! ignore those bullshit noises!

aapl is at 510+, man I should stick to my plan!

Quote from newwurldmn:

Good for you that you made a little money on this. You couldn't have obvious errored this one since you were the first strike out of the money.